, Henry describes an increased demand for second homes due to people holidaying at home during the pandemic which has had consequences for the private rental market.
“As a result a lot of people have gone Airbnb... that has had profound implications for the local rental market in that people haven’t been able to secure long-term tenancies. “Ultimately we have to increase supply and I certainly think it would take the pressure off the social housing if we built more in that respect, and maybe that means more private houses will become available which will help as well.”
Anything that has become available, he says, has sold for a “premium price” due to “demand from people from further afield”.
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